Tashkent, Uzbekistan, Dec.2
By Demir Azizov- Trend:
Akmal Kamalov has been appointed as the chairperson of the board of holding company Uzpakhtasanoatexport, the press service of the Ministry of Foreign Affairs of Uzbekistan said.
Prior to appointment Akmal Kamalov worked as ambassador extraordinary and plenipotentiary of Uzbekistan to Russia.
He was appointed to the post of the ambassador extraordinary and plenipotentiary of Uzbekistan to Russia in October 2014. Earlier, he worked as the first deputy minister of Foreign Economic Relations, Investment and Trade of Uzbekistan.
It was reported that in October, Uzbek president decreed to create a holding company named Uzpakhtasanoateksport - a single complex for receiving and processing raw cotton, and exporting cotton fiber.
The holding company was being created with an aim to step up the quality and competitiveness of the country's cotton and oil-fat products.
Under the president's decree, made public Oct. 28 by central media outlets, the holding will include three specialized unions.
These are the Uzpakhtasanoat - to deal with receipt and processing of raw cotton, the Uzpakhtaeksport - to provide storages and export the cotton fiber, and the Uzpakhtaeg - to produce cottonseed oil.
The main objectives of the Uzpakhtasanoateksport are ensuring a unified policy in the organization and implementation of the full range of activities associated with the production and export of cotton, and to attract foreign investments for modernization, technical and technological re-equipment of the country's cotton ginning and oil-fat producing enterprises.
Uzbekistan ranks sixth in the world in terms of production of cotton fiber and the third for its export. The country produces around 3.5 million tons of raw cotton and 1.1 million tons of cotton fiber per year.